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Bahrain discovers offshore oilfield 'containing 80bn barrels'Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdom's current reserves.Appraisals of the offshore Khaleej Al Bahrain basin by two US firms also suggest the presence of 280bn to 560bn cubic metres of natural gas.Oil MinisterSheikh Mohammed bin KhalifaAl Khalifa said it was not yet known how much oil could be extracted.But it could turn Bahrain into a major player in the global market.Before the discovery, Bahrain had proven crude reserves of just 125m barrels and 92bn cubic metres of natural gas.By comparison, neighbouring Saudi Arabia, the world's top oil exporter, has 266bn barrels of proven reserves. Qatar, the top exporter of liquefied natural gas, has 24tn cubic metres of gas.Sheikh Mohammed told a news conference in Manama on Wednesday that Bahrain'sNationalOil and Gas Authority aimed to attract foreign oil and gas firms to develop the Khaleej Al Bahrain field, which covers 2,000sq km.An agreement had already been reached with Halliburton to drill two further appraisal wells this year to "further evaluate reservoir potential, optimise completions, and initiate long-term production", he said.Bahrain currently produces about 50,000 barrels of oil per day from the Bahrain Field, which was discovered in 1932. It also gets another 150,000 barrels per day from the Abu Saafa field, which it shares with Saudi Arabia.
News Today, Breaking News, Breaking news today, US News, UK News, trump news, World news

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

published:26 Apr 2016

views:45872

Bahrain has confirmed it’s discovered its largest oil and gas field ever. The small island kingdom in the Gulf is not a major oil producer. It brings up about 200,000 barrels per day. But the big find may change that.
TRTWorld editor-at-large Craig Copetas joins us for more insight.
Subscribe: http://trt.world/subscribe
Livestream: http://trt.world/ytlive
Facebook: http://trt.world/facebook
Twitter: http://trt.world/twitter
Instagram: http://trt.world/instagram
Visit our website: http://trt.world

published:07 Apr 2018

views:6361

A SOURCE OF THE KINGDOM ISLAND SAYS A HUGE NO OF OFFSHORE OIL FIELDS DISCOVERED CONTAINS UPTO 80 BN BARRELS OIL MINISTER SK MD BINKHALIFA AL KHALIFA SAID IT IS NOT YET KNOWN HOW MUCH TIGHT OIL EXTRACTED BUT THE KINGDOM TURNMAJOR ROLE IN TO THE GLOBAL MARKET & PROBABLY 280 BN TO 560BN CUBIC METRE NATURAL GAS ALSO PRESERVES

published:05 Apr 2018

views:240

Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdoms current reserves.

Bahrain Bourse

The Bahrain Stock Exchange (BSE) was established in 1987 by Amiri Decree No.(4) and officially commenced operations on 17 June 1989, with 29 listed companies. It operated as an autonomous institution supervised by an independent Board of Directors, chaired by the Governor of the Central Bank of Bahrain. Bahrain Bourse (BHB) was established as a shareholding company by Law No. 60 for 2010 to replace BSE.As of 2015 50 companies were listed on the exchange. The exchange operates from Sunday to Thursday.

Three indices track the BSE: the Bahrain All Share Index, the Dow Jones Bahrain Index and the Estirad Index.

Foreign ownership of securities

As of 2015 foreigners can purchase, own or sell bonds, units of mutual funds, and warrants of domestic joint-stock companies. Foreigners who reside in Bahrain for one year or more are entitled to purchase, own, and/or trade up to 49% of a domestic joint-stock company’s equities. However, an individual foreigner may not own more than 1% of a company’s issued capital. There are ten companies that are completely open to foreign investors; Arab Banking Corporation (ABC), Arab Insurance Group (ARIG), Ahli United Bank (AUB), Al Baraka Banking Group (BARKA), Bahrain Middle East Bank (BMB), Ithmaar Bank (ITHMR), Investcorp Bank (INVCORP), Bahrain Shamil Bank (SHAMIL), Al Salam Bank (SALAM), and TAIB Bank (TAIB). Foreign security holders are legally entitled to enjoy all the benefits of the ownership of securities of domestic joint-stock companies. They have voting rights on all matters submitted for approval, and receive dividends and other distributions without being subject to taxation .

Saudi Arabia

Saudi Arabia (i/ˌsɔːdiːəˈreɪbiə/, i/ˌsaʊ-/), officially known as the Kingdom of Saudi Arabia (KSA), is an Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000km2 (830,000sqmi), Saudi Arabia is geographically the second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms.

The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultra-conservative Wahhabism religious movement within Sunni Islam has been called "the predominant feature of Saudi culture", with its global spreading largely financed by the oil and gas trade. Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.

Saudi Aramco

Saudi Aramco (Arabic:أرامكو السعودية‎ʾArāmkō s-Saʿūdiyyah), officially the Saudi Arabian Oil Company, most popularly known just as Aramco (formerly Arabian-American Oil Company) is a Saudi Arabian nationalpetroleum and natural gas company based in Dhahran. Saudi Aramco's value has been estimated at anywhere between US$1.25 trillion and US$10 trillion, making it the world's most valuable company.

Saudi Aramco has both the world's largest proven crude oil reserves, at more than 260 billion barrels (4.1×1010m3), and largest daily oil production. Saudi Aramco owns, operates and develops all energy resources based in Saudi Arabia. According to 2015 Forbes report, Aramco is said to be the world's largest oil and gas company.

Headquartered in Dhahran, Saudi Arabia, Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. Its 2013 crude oil production total was 3.4 billion barrels (540,000,000m3), and it manages over 100 oil and gas fields in Saudi Arabia, including 288.4 trillionstandard cubic feet (scf) of natural gas reserves. Saudi Aramco operates the Ghawar Field, the world's largest onshore oil field, and the Safaniya Field, the world's largest offshore oil field.

Plot

Franklin Maurice Hatchett (Chris Tucker) is a small-time car wash hustler and ticket scalper who owes money to a local gang leader named Carmine (Damian Chapa). He gets dimed out to the police by an investigating news reporter named James Russell (Charlie Sheen) after unintentionally thwarting Russell's attempts to have him confess his crimes on camera, and is taken to jail. When placed on a prison transport unit, he is handcuffed to a French criminal named Raymond Villard. The transport unit is attacked on a bridge, with mercenaries killing all the police officers and prisoners except for Franklin and Villard; the mercenaries are Villard's men, but since he is handcuffed to Hatchett he decides to bring him for the moment, and they escape on a helicopter with another French criminal named Dubray. While on the helicopter, Hatchett overhears the two discussing the location of a cache of stolen diamonds. Hatchett then jumps out of the helicopter after realizing that Villard and Dubray plan to kill him. While eating at a local diner, Franklin and Villard's mugshots are shown on the news as the two men who killed several police officers. Two other officers in the diner then recognize Franklin, and chase him into the street. He is able to elude them, and decides to call Russell after seeing his face on an advertisement.

Money Talks (The Kinks song)

Lyrics

The lyrics of "Money Talks" are part of the story-line of Preservation Act 2. As described by author Andrew Hickey, the track is "just a description of Flash's 'philosophy' - that no one is incorruptible and that anyone will do anything for enough money."

Release

"Money Talks" was released on the album Preservation Act 2, where it was the fourth track on the first side. That same month, the song saw single release in America (as well as Japan and Germany), backed with "Here Comes Flash" (which had appeared on the previous album, Preservation Act 1.) The single was not met with much success, like many Kinks singles of the period, as it did not chart in any country.

Reception

"Money Talks" has generally received positive reviews from critics. Jason Josephes of Pitchfork Media called the song "one of the many standout cuts on [Preservation Act 1]" and said that "Money Talks" is an example of "[Ray Davies's] stickiness serating <sic> Preservation with a witty edge, with can't- wait- to- quote lyrics popping up all over the place."
Andrew Hickey called the track "one of the catchiest things on Preservation Act 1."

Money Talks (soundtrack)

Money Talks: The Album is the soundtrack to the 1997 comedy film, Money Talks. It was released on August 12, 1997 through Arista Records and featured hip hop and R&B music. The album found a decent amount of success, peaking at 37 on the Billboard 200 and 6 on the Top R&B/Hip-Hop Albums, and was certified gold by the RIAA on December 19, 1997.

Breaking News - Bahrain discovers huge offshore oilfield

Bahrain discovers offshore oilfield 'containing 80bn barrels'Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdom's current reserves.Appraisals of the offshore Khaleej Al Bahrain basin by two US firms also suggest the presence of 280bn to 560bn cubic metres of natural gas.Oil MinisterSheikh Mohammed bin KhalifaAl Khalifa said it was not yet known how much oil could be extracted.But it could turn Bahrain into a major player in the global market.Before the discovery, Bahrain had proven crude reserves of just 125m barrels and 92bn cubic metres of natural gas.By comparison, neighbouring Saudi Arabia, the world's top oil exporter, has 266bn barrels of proven reserves. Qatar, the top exporter of liquefied natural gas, has 24tn cubic metres of gas.Sheikh Mohammed told a news conference in Manama on Wednesday that Bahrain'sNationalOil and Gas Authority aimed to attract foreign oil and gas firms to develop the Khaleej Al Bahrain field, which covers 2,000sq km.An agreement had already been reached with Halliburton to drill two further appraisal wells this year to "further evaluate reservoir potential, optimise completions, and initiate long-term production", he said.Bahrain currently produces about 50,000 barrels of oil per day from the Bahrain Field, which was discovered in 1932. It also gets another 150,000 barrels per day from the Abu Saafa field, which it shares with Saudi Arabia.
News Today, Breaking News, Breaking news today, US News, UK News, trump news, World news

1:19

Offshore(traveling from bahrain to Saudi)

Offshore(traveling from bahrain to Saudi)

Offshore(traveling from bahrain to Saudi)

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

4:34

Bahrain makes its biggest oil discovery ever | Money Talks

Bahrain makes its biggest oil discovery ever | Money Talks

Bahrain makes its biggest oil discovery ever | Money Talks

Bahrain has confirmed it’s discovered its largest oil and gas field ever. The small island kingdom in the Gulf is not a major oil producer. It brings up about 200,000 barrels per day. But the big find may change that.
TRTWorld editor-at-large Craig Copetas joins us for more insight.
Subscribe: http://trt.world/subscribe
Livestream: http://trt.world/ytlive
Facebook: http://trt.world/facebook
Twitter: http://trt.world/twitter
Instagram: http://trt.world/instagram
Visit our website: http://trt.world

1:06

BAHRAIN DISCOVERS HUGE OFFSHORE OIL FIELDS CONTAINING 80 B N BARRELS

BAHRAIN DISCOVERS HUGE OFFSHORE OIL FIELDS CONTAINING 80 B N BARRELS

BAHRAIN DISCOVERS HUGE OFFSHORE OIL FIELDS CONTAINING 80 B N BARRELS

A SOURCE OF THE KINGDOM ISLAND SAYS A HUGE NO OF OFFSHORE OIL FIELDS DISCOVERED CONTAINS UPTO 80 BN BARRELS OIL MINISTER SK MD BINKHALIFA AL KHALIFA SAID IT IS NOT YET KNOWN HOW MUCH TIGHT OIL EXTRACTED BUT THE KINGDOM TURNMAJOR ROLE IN TO THE GLOBAL MARKET & PROBABLY 280 BN TO 560BN CUBIC METRE NATURAL GAS ALSO PRESERVES

2:07

Bahrain Discovers Offshore Oilfield Containing 80bn Barrels

Bahrain Discovers Offshore Oilfield Containing 80bn Barrels

Bahrain Discovers Offshore Oilfield Containing 80bn Barrels

Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdoms current reserves.

Latest video in offshore

ASRY OFFSHORE SERVICES Offshore

Bahrain Bourse Corporate Film

A corporate film to promote Bahrain Bourse. In 2010, Bahrain Bourse moved to its new premises at Bahrain Financial Harbour after preparing the new premises with the latest technological equipment in order to support the bourse's efforts to provide a variety of advanced services that satisfy issuers, brokers and investors.

5:02

New Shoalhaven offshore artificial reef deployed

New Shoalhaven offshore artificial reef deployed

New Shoalhaven offshore artificial reef deployed

The construction of the new Shoalhaven offshore artificial reef was completed in mid-January 2015, with 20 specially designed huge concrete artificial reef modules successfully lowered from a barge 30 metes to the sea floor, 4km east of Shoalhaven Heads. Each module stands 5 m high and weighs in excess of 20 tonnes.
Check out the coordinates for the reef: http://www.dpi.nsw.gov.au/fisheries/recreational/saltwater/artificial-reefs/shoalhaven-recreational-fishing-reef
The new Shoalhaven offshore artificial reef is designed to create the largest fishable area possible. There are five individual reef groups, each with 4 modules per group in it. By placing the groups approximately 50 metres from each other, fish will use the whole system as one large reef, meaning the areas between the modules and groups (and also just outside of the reef boundaries) will also produce good fishing! Although only very early days, cameras deployed by DPI in early February have captured images of yellowtail kingfish and amberjack already moving around the reef. Fishers have also reported yellowtail scad and slimy mackerel being observed on the reef.
The reef was constructed using funds from the NSW Recreational FishingTrust.

Breaking News - Bahrain discovers huge offshore oilfield

Bahrain discovers offshore oilfield 'containing 80bn barrels'Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdom's current reserves.Appraisals of the offshore Khaleej Al Bahrain basin by two US firms also suggest the presence of 280bn to 560bn cubic metres of natural gas.Oil MinisterSheikh Mohammed bin KhalifaAl Khalifa said it was not yet known how much oil could be extracted.But it could turn Bahrain into a major player in the global market.Before the discovery, Bahrain had proven crude reserves of just 125m barrels and 92bn cubic metres of natural gas.By comparison, neighbouring Saudi Arabia, the world's top oil exporter, has 266bn barrels of proven reserves. Qatar, the top exporter of liquefied natural gas, h...

published: 04 Apr 2018

Offshore(traveling from bahrain to Saudi)

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesse...

published: 26 Apr 2016

Bahrain makes its biggest oil discovery ever | Money Talks

Bahrain has confirmed it’s discovered its largest oil and gas field ever. The small island kingdom in the Gulf is not a major oil producer. It brings up about 200,000 barrels per day. But the big find may change that.
TRTWorld editor-at-large Craig Copetas joins us for more insight.
Subscribe: http://trt.world/subscribe
Livestream: http://trt.world/ytlive
Facebook: http://trt.world/facebook
Twitter: http://trt.world/twitter
Instagram: http://trt.world/instagram
Visit our website: http://trt.world

published: 07 Apr 2018

BAHRAIN DISCOVERS HUGE OFFSHORE OIL FIELDS CONTAINING 80 B N BARRELS

A SOURCE OF THE KINGDOM ISLAND SAYS A HUGE NO OF OFFSHORE OIL FIELDS DISCOVERED CONTAINS UPTO 80 BN BARRELS OIL MINISTER SK MD BINKHALIFA AL KHALIFA SAID IT IS NOT YET KNOWN HOW MUCH TIGHT OIL EXTRACTED BUT THE KINGDOM TURNMAJOR ROLE IN TO THE GLOBAL MARKET & PROBABLY 280 BN TO 560BN CUBIC METRE NATURAL GAS ALSO PRESERVES

published: 05 Apr 2018

Bahrain Discovers Offshore Oilfield Containing 80bn Barrels

Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdoms current reserves.

Latest video in offshore

ASRY OFFSHORE SERVICES Offshore

Bahrain Bourse Corporate Film

A corporate film to promote Bahrain Bourse. In 2010, Bahrain Bourse moved to its new premises at Bahrain Financial Harbour after preparing the new premises with the latest technological equipment in order to support the bourse's efforts to provide a variety of advanced services that satisfy issuers, brokers and investors.

published: 22 Mar 2015

New Shoalhaven offshore artificial reef deployed

The construction of the new Shoalhaven offshore artificial reef was completed in mid-January 2015, with 20 specially designed huge concrete artificial reef modules successfully lowered from a barge 30 metes to the sea floor, 4km east of Shoalhaven Heads. Each module stands 5 m high and weighs in excess of 20 tonnes.
Check out the coordinates for the reef: http://www.dpi.nsw.gov.au/fisheries/recreational/saltwater/artificial-reefs/shoalhaven-recreational-fishing-reef
The new Shoalhaven offshore artificial reef is designed to create the largest fishable area possible. There are five individual reef groups, each with 4 modules per group in it. By placing the groups approximately 50 metres from each other, fish will use the whole system as one large reef, meaning the areas between the module...

Bahrain discovers offshore oilfield 'containing 80bn barrels'Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdom's current reserves.Appraisals of the offshore Khaleej Al Bahrain basin by two US firms also suggest the presence of 280bn to 560bn cubic metres of natural gas.Oil MinisterSheikh Mohammed bin KhalifaAl Khalifa said it was not yet known how much oil could be extracted.But it could turn Bahrain into a major player in the global market.Before the discovery, Bahrain had proven crude reserves of just 125m barrels and 92bn cubic metres of natural gas.By comparison, neighbouring Saudi Arabia, the world's top oil exporter, has 266bn barrels of proven reserves. Qatar, the top exporter of liquefied natural gas, has 24tn cubic metres of gas.Sheikh Mohammed told a news conference in Manama on Wednesday that Bahrain'sNationalOil and Gas Authority aimed to attract foreign oil and gas firms to develop the Khaleej Al Bahrain field, which covers 2,000sq km.An agreement had already been reached with Halliburton to drill two further appraisal wells this year to "further evaluate reservoir potential, optimise completions, and initiate long-term production", he said.Bahrain currently produces about 50,000 barrels of oil per day from the Bahrain Field, which was discovered in 1932. It also gets another 150,000 barrels per day from the Abu Saafa field, which it shares with Saudi Arabia.
News Today, Breaking News, Breaking news today, US News, UK News, trump news, World news

Bahrain discovers offshore oilfield 'containing 80bn barrels'Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdom's current reserves.Appraisals of the offshore Khaleej Al Bahrain basin by two US firms also suggest the presence of 280bn to 560bn cubic metres of natural gas.Oil MinisterSheikh Mohammed bin KhalifaAl Khalifa said it was not yet known how much oil could be extracted.But it could turn Bahrain into a major player in the global market.Before the discovery, Bahrain had proven crude reserves of just 125m barrels and 92bn cubic metres of natural gas.By comparison, neighbouring Saudi Arabia, the world's top oil exporter, has 266bn barrels of proven reserves. Qatar, the top exporter of liquefied natural gas, has 24tn cubic metres of gas.Sheikh Mohammed told a news conference in Manama on Wednesday that Bahrain'sNationalOil and Gas Authority aimed to attract foreign oil and gas firms to develop the Khaleej Al Bahrain field, which covers 2,000sq km.An agreement had already been reached with Halliburton to drill two further appraisal wells this year to "further evaluate reservoir potential, optimise completions, and initiate long-term production", he said.Bahrain currently produces about 50,000 barrels of oil per day from the Bahrain Field, which was discovered in 1932. It also gets another 150,000 barrels per day from the Abu Saafa field, which it shares with Saudi Arabia.
News Today, Breaking News, Breaking news today, US News, UK News, trump news, World news

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates o...

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

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Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

Bahrain makes its biggest oil discovery ever | Money Talks

Bahrain has confirmed it’s discovered its largest oil and gas field ever. The small island kingdom in the Gulf is not a major oil producer. It brings up about 2...

Bahrain has confirmed it’s discovered its largest oil and gas field ever. The small island kingdom in the Gulf is not a major oil producer. It brings up about 200,000 barrels per day. But the big find may change that.
TRTWorld editor-at-large Craig Copetas joins us for more insight.
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Bahrain has confirmed it’s discovered its largest oil and gas field ever. The small island kingdom in the Gulf is not a major oil producer. It brings up about 200,000 barrels per day. But the big find may change that.
TRTWorld editor-at-large Craig Copetas joins us for more insight.
Subscribe: http://trt.world/subscribe
Livestream: http://trt.world/ytlive
Facebook: http://trt.world/facebook
Twitter: http://trt.world/twitter
Instagram: http://trt.world/instagram
Visit our website: http://trt.world

A SOURCE OF THE KINGDOM ISLAND SAYS A HUGE NO OF OFFSHORE OIL FIELDS DISCOVERED CONTAINS UPTO 80 BN BARRELS OIL MINISTER SK MD BINKHALIFA AL KHALIFA SAID IT IS NOT YET KNOWN HOW MUCH TIGHT OIL EXTRACTED BUT THE KINGDOM TURNMAJOR ROLE IN TO THE GLOBAL MARKET & PROBABLY 280 BN TO 560BN CUBIC METRE NATURAL GAS ALSO PRESERVES

A SOURCE OF THE KINGDOM ISLAND SAYS A HUGE NO OF OFFSHORE OIL FIELDS DISCOVERED CONTAINS UPTO 80 BN BARRELS OIL MINISTER SK MD BINKHALIFA AL KHALIFA SAID IT IS NOT YET KNOWN HOW MUCH TIGHT OIL EXTRACTED BUT THE KINGDOM TURNMAJOR ROLE IN TO THE GLOBAL MARKET & PROBABLY 280 BN TO 560BN CUBIC METRE NATURAL GAS ALSO PRESERVES

A corporate film to promote Bahrain Bourse. In 2010, Bahrain Bourse moved to its new premises at Bahrain Financial Harbour after preparing the new premises with the latest technological equipment in order to support the bourse's efforts to provide a variety of advanced services that satisfy issuers, brokers and investors.

A corporate film to promote Bahrain Bourse. In 2010, Bahrain Bourse moved to its new premises at Bahrain Financial Harbour after preparing the new premises with the latest technological equipment in order to support the bourse's efforts to provide a variety of advanced services that satisfy issuers, brokers and investors.

New Shoalhaven offshore artificial reef deployed

The construction of the new Shoalhaven offshore artificial reef was completed in mid-January 2015, with 20 specially designed huge concrete artificial reef modu...

The construction of the new Shoalhaven offshore artificial reef was completed in mid-January 2015, with 20 specially designed huge concrete artificial reef modules successfully lowered from a barge 30 metes to the sea floor, 4km east of Shoalhaven Heads. Each module stands 5 m high and weighs in excess of 20 tonnes.
Check out the coordinates for the reef: http://www.dpi.nsw.gov.au/fisheries/recreational/saltwater/artificial-reefs/shoalhaven-recreational-fishing-reef
The new Shoalhaven offshore artificial reef is designed to create the largest fishable area possible. There are five individual reef groups, each with 4 modules per group in it. By placing the groups approximately 50 metres from each other, fish will use the whole system as one large reef, meaning the areas between the modules and groups (and also just outside of the reef boundaries) will also produce good fishing! Although only very early days, cameras deployed by DPI in early February have captured images of yellowtail kingfish and amberjack already moving around the reef. Fishers have also reported yellowtail scad and slimy mackerel being observed on the reef.
The reef was constructed using funds from the NSW Recreational FishingTrust.

The construction of the new Shoalhaven offshore artificial reef was completed in mid-January 2015, with 20 specially designed huge concrete artificial reef modules successfully lowered from a barge 30 metes to the sea floor, 4km east of Shoalhaven Heads. Each module stands 5 m high and weighs in excess of 20 tonnes.
Check out the coordinates for the reef: http://www.dpi.nsw.gov.au/fisheries/recreational/saltwater/artificial-reefs/shoalhaven-recreational-fishing-reef
The new Shoalhaven offshore artificial reef is designed to create the largest fishable area possible. There are five individual reef groups, each with 4 modules per group in it. By placing the groups approximately 50 metres from each other, fish will use the whole system as one large reef, meaning the areas between the modules and groups (and also just outside of the reef boundaries) will also produce good fishing! Although only very early days, cameras deployed by DPI in early February have captured images of yellowtail kingfish and amberjack already moving around the reef. Fishers have also reported yellowtail scad and slimy mackerel being observed on the reef.
The reef was constructed using funds from the NSW Recreational FishingTrust.

Breaking News - Bahrain discovers huge offshore oilfield

Bahrain discovers offshore oilfield 'containing 80bn barrels'Bahrain says a newly-discovered oil field contains up to 80bn barrels of tight (or shale) oil, dwarfing the Gulf island kingdom's current reserves.Appraisals of the offshore Khaleej Al Bahrain basin by two US firms also suggest the presence of 280bn to 560bn cubic metres of natural gas.Oil MinisterSheikh Mohammed bin KhalifaAl Khalifa said it was not yet known how much oil could be extracted.But it could turn Bahrain into a major player in the global market.Before the discovery, Bahrain had proven crude reserves of just 125m barrels and 92bn cubic metres of natural gas.By comparison, neighbouring Saudi Arabia, the world's top oil exporter, has 266bn barrels of proven reserves. Qatar, the top exporter of liquefied natural gas, has 24tn cubic metres of gas.Sheikh Mohammed told a news conference in Manama on Wednesday that Bahrain'sNationalOil and Gas Authority aimed to attract foreign oil and gas firms to develop the Khaleej Al Bahrain field, which covers 2,000sq km.An agreement had already been reached with Halliburton to drill two further appraisal wells this year to "further evaluate reservoir potential, optimise completions, and initiate long-term production", he said.Bahrain currently produces about 50,000 barrels of oil per day from the Bahrain Field, which was discovered in 1932. It also gets another 150,000 barrels per day from the Abu Saafa field, which it shares with Saudi Arabia.
News Today, Breaking News, Breaking news today, US News, UK News, trump news, World news

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

Bahrain makes its biggest oil discovery ever | Money Talks

Bahrain has confirmed it’s discovered its largest oil and gas field ever. The small island kingdom in the Gulf is not a major oil producer. It brings up about 200,000 barrels per day. But the big find may change that.
TRTWorld editor-at-large Craig Copetas joins us for more insight.
Subscribe: http://trt.world/subscribe
Livestream: http://trt.world/ytlive
Facebook: http://trt.world/facebook
Twitter: http://trt.world/twitter
Instagram: http://trt.world/instagram
Visit our website: http://trt.world

BAHRAIN DISCOVERS HUGE OFFSHORE OIL FIELDS CONTAINING 80 B N BARRELS

A SOURCE OF THE KINGDOM ISLAND SAYS A HUGE NO OF OFFSHORE OIL FIELDS DISCOVERED CONTAINS UPTO 80 BN BARRELS OIL MINISTER SK MD BINKHALIFA AL KHALIFA SAID IT IS NOT YET KNOWN HOW MUCH TIGHT OIL EXTRACTED BUT THE KINGDOM TURNMAJOR ROLE IN TO THE GLOBAL MARKET & PROBABLY 280 BN TO 560BN CUBIC METRE NATURAL GAS ALSO PRESERVES

Bahrain Bourse Corporate Film

A corporate film to promote Bahrain Bourse. In 2010, Bahrain Bourse moved to its new premises at Bahrain Financial Harbour after preparing the new premises with the latest technological equipment in order to support the bourse's efforts to provide a variety of advanced services that satisfy issuers, brokers and investors.

New Shoalhaven offshore artificial reef deployed

The construction of the new Shoalhaven offshore artificial reef was completed in mid-January 2015, with 20 specially designed huge concrete artificial reef modules successfully lowered from a barge 30 metes to the sea floor, 4km east of Shoalhaven Heads. Each module stands 5 m high and weighs in excess of 20 tonnes.
Check out the coordinates for the reef: http://www.dpi.nsw.gov.au/fisheries/recreational/saltwater/artificial-reefs/shoalhaven-recreational-fishing-reef
The new Shoalhaven offshore artificial reef is designed to create the largest fishable area possible. There are five individual reef groups, each with 4 modules per group in it. By placing the groups approximately 50 metres from each other, fish will use the whole system as one large reef, meaning the areas between the modules and groups (and also just outside of the reef boundaries) will also produce good fishing! Although only very early days, cameras deployed by DPI in early February have captured images of yellowtail kingfish and amberjack already moving around the reef. Fishers have also reported yellowtail scad and slimy mackerel being observed on the reef.
The reef was constructed using funds from the NSW Recreational FishingTrust.

Bahrain Bourse

The Bahrain Stock Exchange (BSE) was established in 1987 by Amiri Decree No.(4) and officially commenced operations on 17 June 1989, with 29 listed companies. It operated as an autonomous institution supervised by an independent Board of Directors, chaired by the Governor of the Central Bank of Bahrain. Bahrain Bourse (BHB) was established as a shareholding company by Law No. 60 for 2010 to replace BSE.As of 2015 50 companies were listed on the exchange. The exchange operates from Sunday to Thursday.

Three indices track the BSE: the Bahrain All Share Index, the Dow Jones Bahrain Index and the Estirad Index.

Foreign ownership of securities

As of 2015 foreigners can purchase, own or sell bonds, units of mutual funds, and warrants of domestic joint-stock companies. Foreigners who reside in Bahrain for one year or more are entitled to purchase, own, and/or trade up to 49% of a domestic joint-stock company’s equities. However, an individual foreigner may not own more than 1% of a company’s issued capital. There are ten companies that are completely open to foreign investors; Arab Banking Corporation (ABC), Arab Insurance Group (ARIG), Ahli United Bank (AUB), Al Baraka Banking Group (BARKA), Bahrain Middle East Bank (BMB), Ithmaar Bank (ITHMR), Investcorp Bank (INVCORP), Bahrain Shamil Bank (SHAMIL), Al Salam Bank (SALAM), and TAIB Bank (TAIB). Foreign security holders are legally entitled to enjoy all the benefits of the ownership of securities of domestic joint-stock companies. They have voting rights on all matters submitted for approval, and receive dividends and other distributions without being subject to taxation .